Practice Management

Changes to tax provisions in a bill providing health coverage for 9/11 emergency responders helped enable the legislation to pass Congress despite the opposition of some leading Republican lawmakers.

The Internal Revenue Service has released a new form that will allow tax preparers to request a hardship waiver to exempt them from the IRS’s new electronic filing requirements.

Donovan CPAs and Advisors, a local Indiana CPA firm, said it has helped several of its biotech company clients receive over $730,000 in tax credits and research grants.

The Internal Revenue Service has prohibited tax preparers from electronically filing tax returns before it receives all W-2, W2G and 1099-R forms.

Congress has passed legislation exempting accountants from the Federal Trade Commission’s Red Flags Rule requiring businesses to implement a written identity theft protection program.

A UBS client in Seattle has pleaded guilty to filing a false tax return that did not disclose his holdings in secret Swiss bank accounts.

To help bolster technology governance among its nonprofit and government clients, CPA firm Wipfli has launched TechPro, a risk management tool for information security.

Regional CPA and business advisory firm Cherry Bekaert & Holland is adding 14 partners and 100 associates from Berenfeld Spritzer

IMGCAP(1)]As busy season arrives, the focus turns toward long hours, back-to-back client meetings, stacks (or electronic drawers) of files, and the frantic pace of filing deadlines.

The Tax and Accounting Business of Thomson Reuters has enacted a series of enhancements to the platform supporting its NetClient CS client portals, SaaS for the CS Professional Suite, and Virtual Office CS.